SIAM Automotive Sourcing Conclave Looks At Supply Chain Resilience
- By MT Bureau
- November 29, 2023

Observing that the close collaboration between SIAM and ACMA with the Government of India is playing a crucial role in shaping policies, Hanif Qureshi, the Guest of Honour and Joint Secretary, Ministry of Heavy Industries, Government of India, set the context for the SIAM Automotive Sourcing Conclave held in Delhi on 22 November 2023.
The one-day event hosted by SIAM under the theme ‘Towards Building a Resilient Supply Chain’ addressed critical areas in the supply chain such as EV components, electronics and electricals, transmission systems and metals.
Informing that the essence of the policies in the automotive industry revolve around localisation which is at heart of the Government approach, Qureshi in his inaugural speech mentioned that there is a substantial potential for domestic value addition within the country.
Inaugurating a digital showcase of localisation opportunities for the vendors in Indian auto sector, the guest of honour Anant Swarup, Joint Secretary, Ministry of Heavy Industries and the Department of Commerce, Government of India, said, “There is a greater possibility for further increased localization in the Auto Industry and there is a potential to achieve this across OEMs."
Vinod Aggarwal, President of SIAM, and CEO and Managing Director, VE Commercial Vehicles Ltd, averred that the process of localisation is poised to substantially reduce costs, generate more employment opportunities and further enhance export.
In his welcome address, the Chairman of SIAM Aatmanirbhar Bharat Sourcing Group and Senior Executive Director at Maruti Suzuki India Ltd, Sunil Kakkar said that this is the best time to invest and scale up localisation for Indian automotive OEMs and auto components manufacturers.
Vikrampati Singhania, Vice President, ACMA, and Managing Director, J K Fenner India Ltd, spoke about the challenges and opportunities that lie in the automotive supply chain. He also spoke about the impact of IPEF on automotive supply chain. Sumanta Chaudhuri, Principal Advisor, International Trade Policy Division, CII, also delved on the impact of IPEF on automotive sourcing.
In the session themed ‘Trends in Automotive Transmission’, Sachin Kulkarni, Co-Chairman, SIAM Aatmanirbhar Bharat Sourcing Group and Senior Executive Director at Skoda Auto Volkswagen India Pvt. Ltd, drew attention to the growth opportunities in automotive engineering and technology areas such as automotive transmission.
In the session themed ‘Specialised Metals and Raw Materials for Auto Sector’, Badrish Sinha, Co-Chairman, SIAM Aatmanirbhar Bharat Sourcing Group, and Vice-President - Purchasing, VE Commercial Vehicles, spoke about sourcing automotive grade steel locally.
The Indian steel mills have the competency and efficiency to compete with global markets, he informed. “By working closely with the steel mills we (the auto industry) can reduce steel imports,” he suggested.
Esteemed panelists Sanjeev Maini, HOD, Metallurgical Engineering, Bureau of Indian Standards, Sanjay Agarwal, EVP and Business Head – Long Products, JSW Steels, Animesh Sinha, Chief of Marketing and Sales – Automotive, Tata Steel, R V Dalvi, Director -- Technical, Sunflag Iron and Steel Company Ltd, and Kedar Rele, Managing Director, Umicore India, presented their thoughts and ideas on the topic.
During the Session themed ‘Opportunities in EV Components, Electricals, and Electronics Supply Chain’, Veeraraghavan R, Co-Chairman, SIAM Aatmanirbhar Bharat Sourcing Group and Senior Vice President - Strategic Sourcing, Mahindra & Mahindra, said, “Considering the growing demand of electronics, this is a very critical area for us as an industry to localise.”
Harendra Saksena, Chief Purchasing Officer, Ather Energy Private Ltd., averred, "There is a huge market in the two-wheeler space in India. EV adoption of two-wheelers will go to 60 percent by 2030, which will create huge demand for electronics and electricals in the segment."
The session moderated by Rahul Kapur, Partner, Grant Thornton Bharat LLP, saw the participation of Prashanth Doreswamy, President and CEO, Continental India; Archit Agarwal, Corporate Head for Sourcing, Minda Corporation; Amardeep Punhani, Senior Director – R&D, Digital Design, NXP Corporation, and Prithvideep Singh, General Manager, CDIL Semiconductors. The panelists delved on the rising electronics content in automobiles and the associated challenges and opportunities such as local manufacture, cost, volumes, applicability and sustainability.
Ather Energy Expands Charging Network in Tamil Nadu, Reaching 400 Fast Chargers
- By MT Bureau
- August 12, 2025
Bengaluru-headquartered electric vehicle major Ather Energy has announced that its fast-charging network ‘Ather Grid’ has surpassed 400 charging points across Tamil Nadu. This expansion aims to alleviate range anxiety for EV owners and support the growing adoption of electric vehicles in the state.
With charging stations now in 38 cities, including tourist destinations like Coonoor and Rameswaram, the network connects key travel routes such as Coimbatore to Bengaluru and Chennai to Pondicherry. The company also noted that a total of 480 fast charging points are available in the state, which includes over 50 LECCS (Light Electric Combined Charging System) chargers. Developed by Ather, the LECCS standard allows different brands of light EVs to use the same charging network.
Ravneet Singh Phokela, Chief Business Officer, Ather Energy, said, “Tamil Nadu has been one of our earliest markets and ever since we entered the state in 2019, we have been investing in building a reliable charging network there. Charging has often been seen as one of the key barriers, and it’s something we’ve focused on solving from day one. Crossing 400 fast chargers in Tamil Nadu is a reflection of that commitment. It’s about giving riders the confidence that a charger is never too far away. As our retail footprint grows, the charging network will continue to scale alongside it, making EV ownership truly seamless.”
The company has partnered with local businesses like Coffee Day Global and Ganga Sweets to deploy these charging points. This expansion is part of Ather's broader national effort, which has seen the establishment of over 3,300 fast-charging points across India. The chargers can provide up to 15 kilometres of range in just 10 minutes, making it more convenient for riders on the go.
In addition to its charging infrastructure, Ather maintains a strong presence in the state with 44 experience centres and 42 service centres in 35 cities, offering comprehensive sales and after-sales support.
Japan’s TDK Ventures Makes Strategic Investment In Ultraviolette
- By MT Bureau
- August 12, 2025

Bengaluru-headquartered premium electric two-wheeler company Ultraviolette Automotive has announced a strategic investment from TDK Ventures, the venture capital arm of Japan’s TDK Corporation, along with participation from backing from existing investors Zoho Corporation and Lingotto (previously Exor Capital), among others.
With this TDK Ventures joins the likes of Qualcomm Ventures, Zoho Corporation, Speciale Invest, Lingotto (Formerly Exor Capital), and TVS Motor Company as a strategic investor in the EV company. It also counts the likes of Sriharsha Majety (Co-founder & CEO, Swiggy), Ankit Nagori (Co-founder, Cure Foods; former Chief Business Officer, Flipkart), Aprameya Radhakrishna (Co-founder, TaxiForSure), and Dulquer Salmaan (renowned actor and automotive enthusiast) among its early backers.
At present, Ultraviolette sells the F77 electric motorcycle and is gearing up to expand its product offerings along with manufacturing, research and distribution network globally.
Narayan Subramaniam, CEO & Co-Founder, Ultraviolette, said, “Mobility is undergoing a radical transformation, and at Ultraviolette, we are leading that change through cutting-edge innovation. Our partnership with TDK Ventures fast forwards our efforts, from advanced battery platforms to intelligent vehicle systems. This collaboration not only accelerates our vision of future ready mobility but also reinforces our commitment to delivering electric vehicles that are aspirational and globally relevant.”
Niraj Rajmohan, CTO and Co-founder of Ultraviolette, said, “Through this partnership with TDK Ventures, Ultraviolette will continue to innovate in deep-tech to shape the future of mobility. Together, we will continue to push the boundaries in building safer, smarter, and a more efficient electric mobility eco-system.”
Ravi Jain, Investment Director, TDK Ventures, said, “We look forward to bringing our TDK Goodness to Ultraviolette and their ambitious plan to design the next generation of energy efficient and performance EV 2W platforms. TDK Ventures is excited to support Ultraviolette in their relentless pursuit of growing their global reach."
Geely's Satellite Constellation Expands With New Launch
- By MT Bureau
- August 12, 2025

In a significant step toward creating a global ‘Internet of Things’ (IoT) ecosystem, Geely Holding Group’s aerospace subsidiary, Geespace, successfully launched 11 new satellites into orbit on 9 August 2025. The launch took place in Shandong Province, China, and marks the fourth successful orbital deployment for the company's Geely Future Mobility Constellation (GEESATCOM).
With this latest launch, Geespace now operates 41 satellites in low Earth orbit (LEO), bringing it closer to its goal of having 72 satellites in operation by end-2025. The company plans to accelerate deployments over the next two months to reach 64 operational satellites, which will establish comprehensive global satellite IoT coverage.
The GEESATCOM project is a key part of Geely's vision to build an integrated space and earth mobility ecosystem. The LEO satellite network is designed to provide highly reliable, wide-coverage communication services for various strategic industries, including:
- Connected vehicles and urban air mobility
- Emergency response and maritime operations
- Energy infrastructure
This network will support advanced driver assistance systems (ADAS) and connected vehicle platforms by providing crucial data for precision positioning and connectivity. Geespace has already established partnerships with telecom operators in over 20 countries and its proprietary satellite communication chips and high-precision positioning modules are now in mass production across Geely's vehicle portfolio.
To further demonstrate the technology, Geely is providing high-precision positioning and emergency satellite communications for official vehicles at the World Games 2025 Chengdu, showcasing the practical applications of its satellite infrastructure in real-world scenarios.
Kia India Partners ASDC For Promoting Skill Training
- By MT Bureau
- August 11, 2025

Kia India, a leading passenger vehicle manufacturer in the country, has signed an MoU (Memorandum of Understanding) with ASDC (Automotive Skill Development Council) to promote automotive skill training in the country.
The partnership will promote a 30-day training model module combining classroom-based theoretical learning and practical on-the-job experience. The course includes 15 days of foundational training at ASDC-certified training centers covering core automotive concepts and dealership functions. In addition, it will also feature Kia-specific process to familiarise candidates with brand standards, systems and product knowledge. The curriculum will provide students with 15 days of experiential learning at authorised Kia dealerships under expert supervision.
Joonsu Cho, Chief Sales Officer, Kia India, said, “This collaboration with ASDC represents a pivotal step in Kia India’s commitment to shaping a future-ready ecosystem, one that is anchored in skilled human capital and elevated customer experience. By creating a robust talent pool through structured training and certification, we are not only empowering India’s youth with meaningful employment but also reinforcing our dealer network with professionals who embody Kia’s values of quality, care, and innovation. Ultimately, this initiative will translate into a more seamless, informed, and rewarding journey for every Kia customer across the country.”
The co-developed learning model aims to provide candidates with the technical know-how and workplace readiness to be effective from day one. Upon successful completion of the program, candidates will undergo an evaluation at the ASDC centre, get certificate jointly awarded by Kia India and ASDC, and eligible for the direct recruitment by Kia dealerships into Sales and Service roles.
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